Abdullah Saad Mohammed Abo Moati for Bookstores Co. announces its Interim Financial Results for the Period Ending on 2022-06-30 ( Three Months )

16 August 2022 08:12 AM

ABO MOATI 4191 22.72% 29.55 5.47

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	62.94	45.38	38.7	73.51	-14.38
Gross Profit (Loss)	16.43	10.49	56.62	17.41	-5.63
Operational Profit (Loss)	5.38	2.75	95.64	6.38	-15.67
Net Profit (Loss) after Zakat and Tax	4.31	1.91	125.65	0.68	533.82
Total Comprehensive Income	2.86	3.15	-9.21	0.72	297.22
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Share Holders Equity (after Deducting Minority Equity)	240.56	235.73	2.05
Profit (Loss) per Share	0.22	0.1
All figures are in (Millions) Saudi Arabia, Riyals

	Accumulated Losses	Capital	Percentage %
	0	200	0
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net profit increased in the current quarter compared to the same quarter of the previous year due to an increase in sales by 38.70% as a result of the return of commercial activities to normal in the current quarter and the return of schools to attendance education for all levels after being online in the same quarter last year.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is	Net profit increased in the current quarter compared to the previous quarter due to recording impairment loss of goodwill in the previous quarter along with the increase in other income due to reversal of provisions whosepurpose has been denied in the previous quarter.
Statement of the type of external auditor's report	Unmodified conclusion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion	None
Reclassification of Comparison Items	None
Additional Information	None

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